Market Insights

The North America soil treatment market is estimated to grow at a CAGR of 7.2% over the forecast period 2017-2022.

Soil treatment in modern day agriculture mainly denotes nutritional management that improves the fertility of the soil and amount of organic matter content that improves the soil structure and function. As a whole, soil treatment acts as a versatile solution for many field problems as it impacts the soil structure, nutritional profile, and biodiversity.

Market Dynamics

The demand for high-quality food, growing preference for organically cultivated products, highly industrialization, agriculturally advanced nations like the United States, and the shrinking farmland issue is necessitating the need for soil treatment product applications. While the market is showing high potential for growth, stringent regulatory structures in the region are going to impact the market. High product innovation and investments in research and developments would pave the way for future growth.

Market Segmentation

On the basis of product types, soil treatment market is segmented into organic amendments, pH adjusters, and soil protection products (holding majority market share). Several technologies are employed for soil treatment depending on the requirements and soil topography viz., physiochemical, biochemical and thermal treatments; physiochemical treatment is the most sought after process. Environmental concerns of organic farming may help the biological soil treatment market to grow.

The market for soil treatment is dominated by developed regions like the United States, Canada, and Mexico. More than one-fourth of the global market share is covered by the North America region alone. The majority of the soil treatment market demand in the region is carried out by the United States given its highly evolved and advanced agricultural industry.

Key Industry Players

Involvement of a large number of players in the market makes the soil treatment industry very competitive.

Players with notable market share include:

• Monsanto Company (U.S.)
• BASF SE (Germany)
• Syngenta AG (Switzerland)
• Adama Agricultural Solutions Ltd. (Israel)

Acquisitions, new product launches and investment in R&D are being carried out in the North American soil treatment market.

Key Deliverables in the Study

• Market analysis for the North America soil treatment market, with region specific assessments and competition analysis on national and regional scales.
• Market definition along with the identification of key drivers and restraints.
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a national and regional scale.
• Extensively researched competitive landscape section with profiles of major companies along with their market shares.
• Identification and analysis of the macro and micro factors that affect the North America soil treatment market on both national and regional scales.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
• Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
• Insights into the major countries/regions in which this industry is growing and identifying the regions still untapped.